WASHINGTON—The Federal Housing Finance Agency (FHFA) has issued a request for comment as it begins a regulatory review and is seeking feedback on how its regulations could be more “effective and less burdensome.”
The agency adopted its current regulatory review plan in 2012, under which it will review regulations every five years, excluding those that have been adopted or substantially amended within the past two years.
The last review was conducted in 2018, after which the FHFA subsequently removed stress testing requirements for the Federal Home Loan Banks (FHLBs), amended its prior approval of the government-sponsored enterprises’ (GSEs) products rule, and issued interpretations and guidance on other issues that received requests for clarification.
Last month, NAFCU urged FHFA to reinstate seasoned bulk transactions through the GSEs, noting that access to liquidity has become a priority with rising interest rates and lingering concerns from the recent bank failures.
Comments for the regulatory review are due to FHFA June 13.
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